BRLN vs. SFLTX

Last updated Aug 4, 2026

BRLN (BlackRock Floating Rate Loan ETF) and SFLTX (Virtus Seix High Grade Municipal Bond Fund) are both funds - BRLN is a Bank Loan fund actively managed by BlackRock, while SFLTX is a Municipal Bonds fund managed by Virtus. Their 0.07 correlation means their historical movements had little consistent relationship. BRLN charges 0.55%/yr vs 0.74%/yr for SFLTX.

Performance

BRLN vs. SFLTX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in BlackRock Floating Rate Loan ETF (BRLN) and Virtus Seix High Grade Municipal Bond Fund (SFLTX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BRLN

• 1D: 0.31%
• 1M: 0.51%
• 6M: 1.60%
• YTD: 1.35%
• 1Y: 3.03%
• 3Y*: 6.50%
• 5Y*: —
• 10Y*: —
• ALL TIME*: 7.61%

SFLTX

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
BRLN BlackRock Floating Rate Loan ETF	$262.31K	$209.25K	$308.57K

BRLN vs. SFLTX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
BRLN BlackRock Floating Rate Loan ETF	1.35%	5.38%	7.49%	13.42%	1.66%
SFLTX Virtus Seix High Grade Municipal Bond Fund	1.19%	3.51%	-0.51%	6.29%	2.62%

Correlation

The correlation between BRLN and SFLTX is 0.02, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.

	Correlation
Correlation (1Y) Focuses on recent behavior, but can change the most.	0.02
Correlation (3Y) Balances recent behavior with more history.	0.02
Correlation (All Time) Calculated using the full available price history since Oct 6, 2022	0.07

Return for Risk

BRLN vs. SFLTX — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

BRLN

BRLN Risk / Return Rank: 39
BRLN Sharpe Ratio Rank: 37
BRLN Sortino Ratio Rank: 35
BRLN Omega Ratio Rank: 35
BRLN Calmar Ratio Rank: 41
BRLN Martin Ratio Rank: 45

SFLTX

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

BRLN vs. SFLTX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for BlackRock Floating Rate Loan ETF (BRLN) and Virtus Seix High Grade Municipal Bond Fund (SFLTX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	BRLN	SFLTX	Difference
Sharpe ratio: Return per unit of total volatility	0.93	—	—
Sortino ratio: Return per unit of downside risk	1.33	—	—
Omega ratio: Gain probability vs. loss probability	1.17	—	—
Calmar ratio: Return relative to maximum drawdown	1.52	—	—
Martin ratio: Return relative to average drawdown	5.25	—	—

Drawdowns

Drawdown Indicators

	BRLN	SFLTX	Difference
Max Drawdown Largest peak-to-trough decline	-3.85%	—	—
Max Drawdown (1Y) Largest decline over 1 year	-2.00%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-3.85%	—	—
Current Drawdown Current decline from peak	-0.50%	—	—
Average Drawdown Average peak-to-trough decline	-0.33%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	0.58%	—	—

Volatility

Volatility by Period

	BRLN	SFLTX	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.24%	—	—
Volatility (6M) Calculated over the trailing 6-month period	2.79%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	3.30%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.78%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.78%	—	—

BRLN vs. SFLTX - Expense Ratio Comparison

BRLN has a 0.55% expense ratio, which is lower than SFLTX's 0.74% expense ratio.

Dividends

BRLN vs. SFLTX - Dividend Comparison

BRLN's dividend yield for the trailing twelve months is around 6.24%, more than SFLTX's 2.74% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BRLN BlackRock Floating Rate Loan ETF	6.24%	6.50%	7.87%	9.06%	1.48%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
SFLTX Virtus Seix High Grade Municipal Bond Fund	2.74%	2.94%	2.28%	2.34%	2.05%	2.02%	3.45%	3.66%	2.93%	2.43%	5.99%	3.10%

Frequently Asked Questions

Can I hold both BRLN and SFLTX in my portfolio?

BRLN and SFLTX have a correlation of 0.02, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.